Weave Communications Sees Q4 Sales $52.600M-53.600M vs $53.09M Est
Portfolio Pulse from Benzinga Newsdesk
Weave Communications has projected its Q4 sales to be between $52.6 million and $53.6 million, slightly below the market estimate of $53.09 million.
October 30, 2024 | 9:14 pm
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NEGATIVE IMPACT
Weave Communications' Q4 sales projection of $52.6M-$53.6M is slightly below the market estimate of $53.09M, which may lead to a negative short-term impact on its stock price.
The projected sales range is slightly below the market estimate, which could lead to investor disappointment and a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100